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Today's Headlines

If you're looking to buy a home and you would really like to get something in escrow before the end of the year, you might be facing a "slim pickens" situation. Inventory issues have plagued the market for several years, and despite a positive real estate outlook, the lack of homes has kept many buyers out of the game.

That's one of the reasons home buyers have been choosing new U.S. homes jumped last month to the highest level since October 2007, a sign that Americans - unable to find existing homes - are turning to new construction," said USA Today. "New home sales leapt 18.9% in September to a seasonally adjusted annual rate of 667,000, the most in a decade. Sales rose in all regions including the South, where they increased nearly 26%."